ES/NQ Trading - looking for solutions

Carlw said:
I have seen a hell of a lot of systems coming go over the years but I have never heard of any system professional institutional or individual that has ever been able to maintain that kind of a win ratio
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Of all the stats related to trading, win percentage is one of the least significant. I can design a system that has 90% winners but it will lose a fortune. High win percentage systems typically violate the first rule of trading, let your profits run and cut your losses short.

Even though I understand all that, I must say I find a high win percentage to be gratifying. Very gratifying. But it is ego gratification. That's why trading is so tough. It seduces you into things that are suboptimal but which feel good at the time.
 
Carlw said:
I personally don't know anybody that's trading in the 70% win ratio more power to you we got all learn something from that
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70% is hard, but obtainable. Sometimes its 60%, sometimes I run models that bring in 50% of wins in certain market conditions. Still, very hard yet so easy at the same time. Fully objective.

syswizard said:
Same here. When I hit 60% I am thrilled. I can even make money down to 40%....but the profits are usually meager. Anything below 40% and I am losing big-time.
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You can make money even at 30-40% depending on the trading system you're implementing, but I think at the end of the day the drawdown will get you.

What type of systems are you employing now, if you don't mind me asking? I might be willing to drop some screenshots here .... :)
 
TP_Dutchie said:
70% is hard, but obtainable. Sometimes its 60%, sometimes I run models that bring in 50% of wins in certain market conditions. Still, very hard yet so easy at the same time. Fully objective.



You can make money even at 30-40% depending on the trading system you're implementing, but I think at the end of the day the drawdown will get you.

What type of systems are you employing now, if you don't mind me asking? I might be willing to drop some screenshots here .... :)
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I run a gtz platform
 
AAAintheBeltway said:
Even though I understand all that, I must say I find a high win percentage to be gratifying. Very gratifying. But it is ego gratification. That's why trading is so tough. It seduces you into things that are suboptimal but which feel good at the time.
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This is what I've been trying to exploit in this post. If you are trading and anything "seduces" you, or there is ego involved, then you aren't following a fully objective trading plan. When you are following a fully TRULY objective trading system, there can be no room for ego, feelings, seduction, temptation or other emotionally driven thought process.

I personally find trading to be strangely very easy because there are zero emotions involved for me. I either take a small loss, or a fat profit based on my risk management models as well as objective stop losses and profit targets.
 
Carlw said:
I run a gtz platform
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syswizard said:
Break-out systems usually hit 60%....I've backtested them a while (long while) ago.
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Okay interesting, I personally do not trade GTZ platform, not sure what that is, can you enlighten me? I do like breakouts in certain scenarios, for example if NQ futures are flying through to a new high / new low at the US opening session, but even those aren't as strong as what you could be employing.

Here is my day on Friday, I could post my strategy as there is nothing proprietary about the strategy itself, but I do run it through a proprietary framework that gives me a split second edge on the strategy which ultimately increases my returns over time.
 

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TP_Dutchie said:
Okay interesting, I personally do not trade GTZ platform, not sure what that is, can you enlighten me? I do like breakouts in certain scenarios, for example if NQ futures are flying through to a new high / new low at the US opening session, but even those aren't as strong as what you could be employing.

Here is my day on Friday, I could post my strategy as there is nothing proprietary about the strategy itself, but I do run it through a proprietary framework that gives me a split second edge on the strategy which ultimately increases my returns over time.
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It's a very basic platform very similar to ninjatrader basically it's called gtz which stands for global Zen trader it's actually g z t not gtz they talkin to text sometimes gets ahead of itself
 
anyone is interested the mini s&p is up 17 and a quarter points which is real serious for a Sunday night they must be expecting a deal on China in the morning in the meantime everyone enjoy the night I'm done got my four
 
Carlw said:
anyone is interested the mini s&p is up 17 and a quarter points which is real serious for a Sunday night they must be expecting a deal on China in the morning in the meantime everyone enjoy the night I'm done got my four
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Yeah they're moving. I don't trust Donald Trump to follow through with any trade, he flip flops far too often. At the end of the day, I trade from a fully objective / technical analysis trading strategy, so I do not care what country takes a crap on whose shoes, its all built into price action. The rest of it is just good dinner talk :)
 
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